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Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO
Healthcare services company Cardinal Health (CAH) announced Thursday that its Board of Directors has elected Jason Hollar as the company's next Chief Executive Officer, effective September 1, 2022. Hollar will also join the Board of Directors effective August 11, 2022. Hollar will succeed current Chief Executive Officer Mike Kaufmann.
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1491 days ago
Sensex, Nifty Rally As Fed Bets Ease After US Inflation Data
Indian shares rose on Thursday, though markets finished off their day's highs, tracking a lackluster trend in European markets after a couple of Fed officials took a tough line on the need for more large rate increases.
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1491 days ago
U.S. Dollar Modestly Lower Against Majors
The U.S. dollar weakened against its major counterparts in the European session on Thursday, although hawkish comments from Federal Reserve officials limited the losses in the currency.
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1491 days ago
European Shares Little Changed As Yields Tick Higher
European shares were little changed on Thursday as earnings proved to be a mixed bag and German government bond yields crept higher, echoing moves in U.S. Treasuries.
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1491 days ago
Asian Shares Follow Wall Street Higher As Inflation Worries Ease
Asian stocks followed Wall Street higher on Thursday after a report showed U.S inflation cooled more than expected in July, reflecting lower energy prices.
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1491 days ago
European Shares Set For Positive Open
European stocks look set to extend gains from the previous session on Thursday amid receding concerns over the Federal Reserve's aggressive interest rate hikes.
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1491 days ago
Sensex Soars 540 Points; Nifty Nears 17,700
Indian shares opened on a strong note Thursday as softer-than-expected U.S. inflation data eased concerns over the Federal Reserve's aggressive rate hikes and boosted investors' appetite for riskier assets.
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1491 days ago
more news
Asian Markets Higher On US Inflation Data
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted tamer than expected US consumer price inflation data that raised speculation the Fed will slow the pace of interest rate hikes at its September meeting. Asian Markets closed mostly lower on Wednesday.
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1491 days ago
Sensex, Nifty Set To Rally As Slowing US Inflation Eases Fed Worries
Indian shares look set to follow global peers higher on Thursday after new data showed inflation steadying in the world's largest economy.
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1491 days ago
Thai Stock Market Tipped To Bounce Higher Again On Thursday
The Thai stock market on Wednesday wrote a finish to the five-day winning streak in which it had collected almost 30 points or 1.9 percent. The Stock Exchange of Thailand now sits just above the 1,615-point plateau although it's looking at renewed support on Thursday.
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1491 days ago
Indonesia Stock Market Has Strong Lead For Thursday
The Indonesia stock market on Wednesday snapped the seven-day winning streak in which it had advanced almost 150 points or 2.2 percent. The Jakarta Composite Index now sits just above the 7,085-point plateau although it's expected to move higher again on Thursday.
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1491 days ago
Australian Market Significantly Higher
The Australian stock market is significantly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 breaking above the 7,000 mark, following the broadly positive cues from global markets overnight, with the gains led by resources and technology stocks as traders reacted to tamer than expected US inflation data.
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1491 days ago
Hang Seng Overdue For Support On Thursday
The Hong Kong stock market has moved lower in three straight sessions, tumbling almost 600 points or 3 percent along the way. The Hang Seng now rests just above the 19,600-point plateau, although bargain hunting is likely in order on Thursday.
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1491 days ago
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